Interest Reserve

6 Months Ended

Jun. 30, 2024

Interest Reserve [Abstract]

INTEREST RESERVE

5. INTEREST RESERVE

As of June 30, 2024 and December 31, 2023, the Company had five loans and one loan, respectively, that included a prepaid interest reserve.

The following table presents changes in interest reserves as of June 30, 2024 and December 31, 2023, respectively:

	June 30, 2024			December 31, 2023
Beginning reserves	$	1,074,889		$	1,868,193
New reserves		2,815,325			2,238,348
Reserves disbursed		(1,398,407	)		(3,031,652	)
Ending reserve	$	2,491,807		$	1,074,889